NOT LISTED FOR SALE

8875 Olive Mae Cir Fairfax, VA 22031

Estimated Value: $1,334,488 - $1,558,000

4 Beds
5.5 Baths
5,146 Sq Ft
$277/Sq Ft Est. Value

Last Sold November 19, 2015

Last sale price $885,000 $172 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $8,857/month

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • 2 Fireplaces
  • Fairhill Elementary School Rated A-
  • Wood Flooring
  • Upgraded Countertops

About This Home

As of November 2015

Stunning 4 level home in Cedar Grove w/ 4 BRs 5.5 baths. Exquisite details throughout, 3 wet bars, 2 FP, a gourmet kitchen, formal dining room, family room w/ tray ceiling & gracious master suite w/ sitting room, his/her walk-ins, balcony & exceptional master bath. UL laundry rm & 2 add. BR. Loft level w/ BR, full bath & balcony. 2 car garage. Located mins from Mosaic District & 2 Metro Stations

Last Agent to Sell the Property

Steve Wydler

(703) 851-8781 steve@wydlerbrothers.com Compass Listed on: 09/25/2015

Compass

Last Buyer's Agent

Michael Hangemanole

(240) 483-7255 michaelh@lnf.com RLAH @properties

RLAH @properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,878

Year Built

  • Built in 2008

Lot Details

  • 4,000 Sq Ft Lot
  • Property is zoned 305

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Wet Bar
  • Chair Railings
  • Crown Molding
  • 2 Fireplaces
  • Gas Fireplace
  • Family Room Off Kitchen
  • Dining Area
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 5.5 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Rear Basement Entry
  • Basement with some natural light

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • Cedarest Assemblage Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 48-4-27- -21

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,878

Year Built

Built in 2008

Lot Details

0

HOA Fees

$270 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 2008
  • Remarks Public: Stunning 4 level home in Cedar Grove w/ 4 BRs 5.5 baths. Exquisite details throughout, 3 wet bars, 2 FP, a gourmet kitchen, formal dining room, family room w/ tray ceiling & gracious master suite w/ sitting room, his/her walk-ins, balcony & exceptional master bath. UL laundry rm & 2 add. BR. Loft level w/ BR, full bath & balcony. 2 car garage. Located mins from Mosaic District & 2 Metro Stations
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Microwave, Oven - Double, Refrigerator, Range Hood, Washer
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Gourmet, Breakfast Area, Kitchen - Island, Dining Area, Primary Bath(s), Chair Railings, Upgraded Countertops, Crown Moldings, Wet/Dry Bar, Wood Floors
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Rear Entrance, Outside Entrance, Daylight, Partial, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 5146
  • Living Area Sq Ft: 5146
  • Price Per Sq Ft: 207.92
  • Above Grade Finished Sq Ft: 4420
  • Below Grade Finished Sq Ft: 726
  • Total Below Grade Sq Ft: 726
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 8875

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Upper Level Full Bathrooms: 3
  • Upper Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage, Paved Driveway, Attached
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 270.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Lot Info

  • Improvement Assessed Value: 580160.00
  • Land Assessed Value: 305000.00
  • Lot Size Acres: 0.09
  • Lot Size Area: 4000
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4000.00
  • Property Attached Yn: No
  • Year Assessed: 2015
  • Zoning: 305

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9878.39
  • Assessor Parcel Number: 48-4-27- -21
  • Tax Lot: 21
  • Tax Page Number: 484
  • Tax Total Finished Sq Ft: 4420
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 11/19/2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2019
Sold by
Savitz Kenneth and Savitz Karen
Bought by
Cassar Edward and Cassar Jaclyn Marie Silva
Current Estimated Value
$1,425,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Outstanding Balance
$458,035
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$967,837

Purchase Details

Listed on
Sep 25, 2015
Closed on
Nov 19, 2015
Sold by
Deborah Anne Fletcher Revocable Trust Ag
Bought by
Savitz Kenneth and Savitz Karen
Seller's Agent
Steve Wydler
Compass
Buyer's Agent
Michael Hangemanole
RLAH @properties
List Price
$919,000
Sold Price
$885,000
Premium/Discount to List
-$34,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$708,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2014
Sold by
Fletcher Deborah A
Bought by
Fletcher Tr Deborah Anne

Purchase Details

Closed on
Jun 30, 2008
Sold by
Basheer
Bought by
Fletcher Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cassar Edward $875,000 District Title A Corporation
Savitz Kenneth $885,000 None Available
Fletcher Tr Deborah Anne -- --
Fletcher Deborah A $1,065,036 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassar Edward $522,000
Previous Owner Savitz Kenneth $708,000
Previous Owner Fletcher Deborah A $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2015 11/19/15 Sold $885,000 -3.7% $172 / Sq Ft
10/27/2015 10/27/15 Pending -- -- --
09/25/2015 09/25/15 For Sale $919,000 -- $179 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,603 $1,301,250 $426,000 $875,250
2024 $12,603 $1,087,850 $382,000 $705,850
2023 $11,588 $1,026,840 $371,000 $655,840
2022 $10,935 $956,260 $349,000 $607,260
2021 $10,709 $912,580 $327,000 $585,580
2020 $10,647 $899,580 $314,000 $585,580
2019 $10,647 $899,580 $314,000 $585,580
2018 $10,345 $899,580 $314,000 $585,580
2017 $9,870 $850,150 $305,000 $545,150
2016 $9,849 $850,150 $305,000 $545,150
2015 $9,878 $885,160 $305,000 $580,160
2014 $9,608 $862,850 $305,000 $557,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003721931

Bright MLS

APN: 0484-27-0021